Regulatory NEWS

US latest: New York inches closer to mobile sports betting as Georgia waits

Significant progress has been registered in New York yesterday (Tuesday) towards the introduction of mobile sports betting – as an agreement on the 2022 state budget includes legalising mobile sports wagering By Buck Wargo – SiGMA US correspondent As reported by SiGMA last month, New York is seeking mobile betting because it is losing out…

SoftSwiss Game Aggregator receives a B2B licence from MGA

SoftSwiss is delighted to announce that the company’s Game Aggregator has now received a B2B licence from the Malta Gaming Authority (MGA) It’s a major milestone for SoftSwiss allowing to expand the reach of the Game Aggregator even further within Malta’s jurisdiction, but also strengthening partnerships with the company’s existing clients.

NSW Regulator says Australia’s Crown Resorts could regain its Sydney licence in ‘months’

Licence had been suspended following reports indicating evidence that the company’s facilities and accounts were used for money laundering According to New South Wales’ chief gaming regulator, Crown Resorts – Australia’s biggest land-based casino operator – is likely to obtain a Sydney licence to operate its gambling venue in ‘months’. Chairman of the state’s Independent…

Japanese politician Tsukasa Akimoto pleads not guilty to IR graft scandal charges

The ex- Senior Vice Minister in the Cabinet Office knew that the purpose of the money was to push the Chinese company to win rights to Integrated Resort projects in Japan Tsukasa Akimoto, who? has been indicted for receiving bribes worth ￥7.6 million from the operator 500.com Ltd. and indicted for the violation of the…

So far, so good: Malta’s efforts recognised by Moneyval

Reforms introduced so far have given positive feedback Since failing the initial review in 2019, Malta has done its best to reform the shortcomings flagged by Moneyval according to a draft position on Malta circulated among the Council of Europe Member states.

[WATCH] Silvio Schembri: ‘the future is the digital economy’

Hon. Silvio Schembri, Malta’s Minister for the Economy and Industry, reflects on Malta’s response to the pandemic and current stance on the digital economy within iGaming – SiGMA TV’s Executive Series In the latest of our exclusive ‘Executive’ series, Hon. Silvio Schembri – Malta’s Minister for the Economy & Industry – joins SiGMA TV for…

First online betting operator to get US licence suspended now sues state

Tennessee-based sportsbook Action 24/7 becomes the first operator to have its US licence suspended, now is suing state officials amid fraud allegations Tennessee-based sportsbook Action 24/7 is suing state officials in bid to overturn the suspension of their US licence amid fraud allegations. The state’s regulator, the Tennessee Education Lottery, suspended Action 24/7’s online casino…

First online betting operator to get US licence suspended now sues state

Tennessee-based sportsbook Action 24/7 becomes the first operator to have its US licence suspended, now is suing state officials amid fraud allegations Tennessee-based sportsbook Action 24/7 is suing state officials in bid to overturn the suspension of their US licence amid fraud allegations. The state’s regulator, the Tennessee Education Lottery, suspended Action 24/7’s online casino…

Jeju Dream Tower casino licence hangs by a thread

The Anti-Corruption Economy Crime Investigation Unit has seized documents in relation to Jeju’s casino as accusations against the company that the official public opinion surveys had been manipulated emerge On the issue of permitting casino business to Lotte Tour Development Co Ltd’s US$1.42 billion casino resort, Jeju Dream Tower, the Jeju Provincial Council postponed its…

Danish regulator blocks 55 gambling websites operating without a licence

‘There is a need for a targeted effort, and we will therefore maintain the increased focus in the future’ Denmark’s Gambling Authority, Spillemyndigheden, has won approval from the City Court to halt operations for 55 websites operating with an irrelevant licence in the country. This case represents the highest single incident of blocking since the…